How to Stake APE (ape) in Australia

Introduction

Staking APE can be a great option for those who want to hold ape while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.

Step-by-Step Guide

1. 1. Obtain APE (ape) Tokens

   To stake APE, you need to own it. To obtain APE, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Cost
   YouHodler	APE (ape)	0.6
   OKX	APE (ape)	0.6
   Binance	APE (ape)	0.6
   BTSE	APE (ape)	0.6
   Coinbase	APE (ape)	0.6
   Crypto.com	APE (ape)	0.6

   See all 26 prices

2. 2. Choose a APE Wallet

   Once you have ape, you'll need to choose a APE wallet to store your tokens. Here are some great options.

   Platform	Coin	Staking returns
   Binance	APE (ape)	Up to 5% % p.a.

3. 3. Delegate Your ape

   We recommend using a staking pool when staking ape. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ape, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Begin Validation

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the APE network. You'll be rewarded with ape for these validations.

What to Be Aware Of

There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.